Facebook's Matt Cohler to Benchmark — In a move BoomTown is still trying to noodle over, longtime Facebook exec Matt Cohler (pictured here) will be leaving the social networking site to become a general partner at Benchmark Capital. — Cohler, 31, who is currently Facebook's VP of Product Management …

Facebook's Matt Cohler leaves for Benchmark Capital — Matt Cohler, Facebook's vice president of product management, is leaving the social networking company to become a general partner at Silicon Valley venture firm Benchmark Capital. — This announcement follows the departure …

iTunes Store Tops Over Five Billion Songs Sold — Apple Renting & Selling Over 50,000 Movies Per Day — Apple® today announced that music fans have purchased and downloaded over five billion songs from the iTunes® Store (www.itunes.com). iTunes is the number one music retailer …

iTunes store: 5 billion songs; 50,000 movies per day — Apple issued two nice round numbers on Thursday. — First, it announced that the number of songs purchased and downloaded from the iTunes store since it opened on April 28, 2003 has passed the 5 billion mark.

Yahoo addresses e-mail concerns with new domains — SAN FRANCISCO - Yahoo Inc. is offering free e-mail accounts under two new designations in an effort to attract Web surfers unhappy with their current addresses. — It will be the first time that Yahoo has offered e-mail accounts under umbrellas …

I'm Joining Craigslist in July — I wasn't really looking for a new job a few months ago when I received an email from Eric Scheide (see Team Bios), the CTO at craigslist. He mentioned that they were looking for someone with MySQL experience and asked if I knew anyone. This sort of thing happens all the time.

Bebo: Facebook Redesign's Could Screw Us (TWX) — How do you get the army of developers who've made apps for Facebook to go to work for you? Emulate Facebook. That's what Bebo, AOL's $850 million baby, did last year when it unveiled a clone of Facebook's own platform.

Citi: YouTube Can Generate $500M In 2009 (GOOG) — Either Google (GOOG) is figuring out how turn YouTube from money pit into a real business, or it's figured out how to convince everyone else that it's doing so: Estimates for the channel's revenue potential continue to climb.

Developers Bailing on Twitter … I've been following various development mailing lists lately, and I'm seeing a trend of developers starting to bail on Twitter. This is a scary thought, because when the developers bail, so will the users. It all started with a conversation …

BricaBox: Goodbye World! … Today, I'm announcing my plans to close BricaBox, LLC. — This decision, which has taken place over the last few weeks, was as complicated as are my feelings about it. Nonetheless, I can tell you most of this decision revolved around issues of money, traction …

Welcome to Facebook, homeschoolers — Back in September 2006, we decided to open up Facebook to everyone. Well, almost everyone. — We realized Facebook would be most useful if more people were allowed to join, but we also weren't willing to compromise the security of the site by removing …

Red Hat unveils fully open-source hypervisor — BOSTON—Linux specialist Red Hat has announced it is developing an embedded hypervisor product that it claims will complement, rather than compete with, its existing virtualization strategy. — Launched here on the first day of the company's …